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Fortinet, Inc. — Director's Dealing 2015
Jul 23, 2015
29957_dirs_2015-07-23_36f0e439-54ac-4d31-bf0f-33752e20d343.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: FORTINET INC (FTNT)
CIK: 0001262039
Period of Report: 2015-07-17
Reporting Person: Jensen Keith (Chief Accounting Officer)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 40 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $0 | Common Stock (25000) | Direct | ||
| Restricted Stock Units | $0 | Common Stock (4000) | Direct |
Footnotes
F1: 25% of the restricted stock units ("RSUs") vest on August 1, 2015, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.
F2: Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: 25% of the RSUs vest on February 1, 2016, then the remaining 75% of the RSUs vest in equal installments on each quarterly anniversary thereafter, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.